Historic Icelandic Krona Rwandan franc

Icelandic Krona rwandan franc history for January 2024. The highest quote for this month is 9.34 (24/01/2024) and the lowest 9.293 (24/01/2024). The difference between high and low is 0.5.

ISK RWF average rate for January 2024 is 9.19335, the change between 01/01/2024 and 31/01/2024 is -0.41 %.

01 January 20241 ISK = 9.20 RWF
02 January 20241 ISK = 9.20 RWF
03 January 20241 ISK = 9.18 RWF
04 January 20241 ISK = 9.09 RWF
05 January 20241 ISK = 9.11 RWF
08 January 20241 ISK = 9.06 RWF
09 January 20241 ISK = 9.10 RWF
10 January 20241 ISK = 9.11 RWF
11 January 20241 ISK = 9.17 RWF
12 January 20241 ISK = 9.18 RWF
15 January 20241 ISK = 9.30 RWF
16 January 20241 ISK = 9.26 RWF
17 January 20241 ISK = 9.16 RWF
18 January 20241 ISK = 9.18 RWF
19 January 20241 ISK = 9.17 RWF
22 January 20241 ISK = 9.32 RWF
23 January 20241 ISK = 9.24 RWF
24 January 20241 ISK = 9.22 RWF
25 January 20241 ISK = 9.29 RWF
26 January 20241 ISK = 9.23 RWF
29 January 20241 ISK = 9.21 RWF
30 January 20241 ISK = 9.21 RWF
31 January 20241 ISK = 9.23 RWF

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.